Curated from: scotthyoung.com
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The Pareto Efficiency idea refers to situations where you can (or can't) improve something without trade-offs.
For example, consider designing a car where you aim for speed and safety. Pareto efficiency is to find a design that allows you to get more speed or safety without getting less of the other.
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Taking efficiency further, one can consider lots of designs. By putting them all on a graph, we can notice that the ones inside of the frontier are inefficient choices.
Efficient frontiers will show a general pattern.
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When you put all the possible working schedules, habits and systems on a graph, the graph will show all your productive possibilities.
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The frontier is always a bit deceptive. Finding a new technique can suddenly let you get much more done in less time. The frontier can shift.
Guidelines to know if you are on the frontier:
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Those that are far from the frontier can focus on improving each element. You can improve by reorganizing your work to get more done.
But once you are on the productive frontier, things are different. Improvement comes from making hard choices about trade-offs. Do you want a cleaner house or more time to work on your projects? You may feel guilty for investing more time on one thing while limiting time for something else important. It is best to be intentional about what you really care about and what can be downgraded.
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